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    Automotive Service Parcel with Yard Title is generated by Realmo AI

    440 Peek Street, Schenectady, NY 12308

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    Claim this Listing
    Pending
    $400,000

    COMMERCIAL - Schenectady, NY

    Property size:
    2,700 SF
    Lot size:
    0.49 Acres
    Added:
    Jan 7, 2026
    Days on Market:
    172
    Last Refresh:
    Jun 28 at 11:06 am

    Property Features for 440 Peek Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Parking
    50
    Standard status
    Pending
    APN
    39.50-1-8
    Size
    2,700 SF
    Lot size
    0.49 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4288

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1972
    Building materials
    Block

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    Contact an agent
    Joseph P Cardinale
    Joseph P Cardinale

    Listing agent Joseph P Cardinale License #10401290174

    Listing office Howard Hanna Capital Inc 1547 Route 9, Clifton Park, NY

    Listing date Jan 7, 2026

    MLS# 202610229

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large, roughly 0.5‑acre yard space ideal for vehicle fleet operations or secured storage.
    • Flexible zoning suitable for automotive repair, light manufacturing, or service businesses.
    • Strategic location in a growing area of Schenectady.
    • Convenient access to major transportation routes.
    • Opportunity for established businesses to expand or entrepreneurs to launch.
    • Public water and sewer connections.

    Overview

    The property is a commercial site in Schenectady with approximately 0.49 acres of yard space and a total property size of 2,700 square feet. The site is described as well-suited for a fully fenced and secured setup, supporting vehicle-focused operations. The parcel configuration is intended to accommodate service and operational needs associated with automotive and related uses.

    The address is 440 Peek Street in Schenectady, NY 12308, within Schenectady County. Zoning is listed as Commercial. The offering is positioned to support customer and operational access through convenient site planning for businesses that need both a service component and an outdoor work area.

    Based on the stated intended uses, this property can be a practical fit for vehicle fleet operations, automotive repair, light manufacturing, or service-oriented businesses that benefit from on-site yard space. Because the listing emphasizes a yard-driven operating layout and a commercial zoning designation, tenants, owner-operators, and buyers looking for an automotive or light service site with outdoor capacity may find this parcel worth review.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $48.6k $18.00
    − Vacancy −$2.0k −$0.76
    EGI $46.6k $17.24
    − OpEx −$14.0k −$5.17
    NOI $32.6k $12.07
    2,700 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $465.6K
    $407.4K – $543.2K (±1% cap)
    NOI $32,591 @ 7.0% cap · market cap 8.15%
    Second Best
    Industrial
    $238.6K
    $208.7K – $278.3K (±1% cap)
    NOI $16,699 @ 7.0% cap · market cap 4.17%
    Theoretical Best
    Office A
    $808.1K
    $707.1K – $942.8K (±1% cap)
    NOI $56,570 @ 7.0% cap · market cap 14.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Automotive properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • U-Haul Neighborhood Dealer — 1908 Van Vranken Ave., Schenectady, NY 12308

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.930456
    Latitude
    42.822518

    FAQs

    What type of property is this?
    Automotive property - Commercial parcel with yard area suited for fleet operations, automotive service, or light industrial use.
    Where is this automotive property located?
    The property is located at 440 Peek Street Schenectady, NY.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Large, roughly 0.5‑acre yard space ideal for vehicle fleet operations or secured storage.; Flexible zoning suitable for automotive repair, light manufacturing, or service businesses.; Strategic location in a growing area of Schenectady.
    More about this property
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